LPL Financial LLC Has $92.40 Million Stock Position in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ)

LPL Financial LLC cut its holdings in Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) by 1.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,260,062 shares of the company’s stock after selling 14,072 shares during the period. LPL Financial LLC owned approximately 6.98% of Pacer Trendpilot 100 ETF worth $92,400,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Cetera Investment Advisers grew its position in shares of Pacer Trendpilot 100 ETF by 264.3% during the 1st quarter. Cetera Investment Advisers now owns 388,227 shares of the company’s stock worth $26,663,000 after purchasing an additional 281,662 shares in the last quarter. Cetera Advisors LLC increased its stake in Pacer Trendpilot 100 ETF by 45.0% during the 1st quarter. Cetera Advisors LLC now owns 200,280 shares of the company’s stock worth $13,755,000 after acquiring an additional 62,136 shares during the period. Atria Wealth Solutions Inc. raised its holdings in Pacer Trendpilot 100 ETF by 38.7% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 157,050 shares of the company’s stock valued at $11,322,000 after acquiring an additional 43,817 shares in the last quarter. ODonnell Financial Services LLC lifted its position in shares of Pacer Trendpilot 100 ETF by 18.0% during the 2nd quarter. ODonnell Financial Services LLC now owns 208,299 shares of the company’s stock valued at $15,016,000 after acquiring an additional 31,813 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of Pacer Trendpilot 100 ETF during the 2nd quarter worth $2,221,000.

Pacer Trendpilot 100 ETF Stock Performance

Shares of NASDAQ PTNQ opened at $74.92 on Friday. Pacer Trendpilot 100 ETF has a 52 week low of $63.85 and a 52 week high of $75.71. The stock’s fifty day moving average is $73.73 and its 200 day moving average is $72.03. The stock has a market capitalization of $1.35 billion, a P/E ratio of 35.78 and a beta of 0.68.

About Pacer Trendpilot 100 ETF

The Pacer Trendpilot 100 ETF (PTNQ) is an exchange-traded fund that is based on the Pacer NASDAQ-100 Trendpilot index. The fund tracks an index that holds the NASDAQ-100 securities and/or 3-month US T-bills according to momentum. PTNQ was launched on Jun 11, 2015 and is managed by Pacer.